Aramco energizes the world economy Overview

Key Responsibilities

• Duties and

• To be specified in Job offer Job Post Duration Job posting start date: 11/27/2025 Job posting end date: 12/31/2026 Working environment Our high-performing employees are drawn by the challenging and rewarding professional، technical and industrial opportunities we offer، and are remunerated accordingly

Requirements & Qualifications

• You will be required to perform the following: Demonstrate excellent interpersonal and communication skills with the ability to establish personal credibility with various internal and external parties

• Possess good project management skills، a thorough understanding of contractual risk and be able to offer logical and innovative solutions to complex issues

Benefits & Conditions

• This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom، but also to a vast number of communities، economies، and countries that rely on the vital and reliable energy that we supply

Aramco occupies a special position in the global energy industry

We are one of the world’s largest producers of hydrocarbon energy and chemicals، with among the lowest Upstream carbon intensities of any major producer

With our significant investment in technology and infrastructure، we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco’s value to society

Headquartered in the Kingdom of Saudi Arabia، and with offices around the world، we combine market discipline with a generations’ spanning view of the future، born of our nine decades experience as responsible stewards of the Kingdom’s vast hydrocarbon resources

We are one of the most profitable companies in the world، as well as amongst the top five global companies by market capitalization.

We are seeking an Insurance Risk Specialist to join Insurance Management & Advisory Division (IMAD) of Financial Risk Management (FRMD) at Saudi Aramco

IMAD is within Treasury and its function is to provide support across the Company through the identification، quantification and mitigation of casualty risks and to reduce the cost of insured and uninsured loss to the Company، its subsidiaries and affiliates

Your primary role is to analyze risk exposures، design strategies and procure insurance to protect assets and mitigate the liabilities of a growing company

The Insurance Risk Specialist will be involved in all aspects of the Division’s wide-ranging activities

Be flexible، team orientated، and able to work with minimum supervision to meet challenging deadlines and competent to plan and coordinate workloads for themselves and others

Add value by delivering work of the highest quality and be able to proactively overcome issues to ensure delivery

Apply working knowledge of captive insurance companies

Develop strategy to mitigate or transfer risk

Analyze، critique and draft risk allocation، indemnity، insurance and other related contract provisions

Negotiate، implement and administer insurance and reinsurance placement structures (including optimal use of captive or alternative finance and transfer mechanisms)

Develop and advise on the implementation of risk and insurance policy and procedures

Manage and coordinate broker، insurer، consultant and other service provider activities (including risk engineering and asset appraisals)، Negotiate claims and pursue recovery from third parties

Minimum

As a successful candidate، you will have: Bachelor’s degree، preferably in insurance or risk management from a recognized and approved program

A professional certification such as ACII، CMIRM، SIRM، or CPCU is preferred

Minimum of 15 years’ experience in the oil & gas، petrochemical industry or a major corporate organization

A significant relevant corporate risk and insurance expertise obtained from industry، international broking، risk management or insurance company background and ideally with experience of the energy and petrochemical industry sector

Work Location and Work Schedule Work Location: Within Saudi Arabia – To be specified in Job offer Work Schedule: Full Time

At Aramco، our people work on truly world-scale projects، supported by investment in capital and technology that is second to none

And because، as a global energy company، we are faced with addressing some of the world’s biggest technical، logistical and environmental challenges، we invest heavily in talent development

We have a proud history of educating and training our workforce over many decades

Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs – one of the largest in the world

Country/Region: SA